Recapping Erik’s recent articles on Novo Resources

April 17, 2020

Erik Wetterling has been posting a number of articles over the past two weeks focused on Novo Resources. In our conversation today Erik summarizes his major points on why he continues to like the Novo story and why he thinks there are so many people that bash the properties and valuation. We are both shareholders of Novo Resources.

Click here to visit Erik’s site and read over his Novo postings.

In case you missed it there are two special webinars coming up next week! Click the links below to sign up and have first access to the live event and the recording. 

Revival Gold – Monday, April 20th at 1pm PT. Click here to sign up 

Great Bear Resources – Thursday April 23rd at 11:30am PT – Click here to sign up

    Apr 19, 2020 19:43 AM

    Agree with you HH. You need to look at the probabilistic value, ie %probability x nuggets. You just don’t assume nothing is there when in reality something is there.

    Apr 19, 2020 19:06 PM

    I think what most people miss here is the vastness of this country. If economic per cubic meter they just can’t imagine how many meters are available

    Apr 19, 2020 19:34 PM

    Cory, you are right, NOVO needs to show some actual mining success even if it is just trial mining in scope.

    I think investors would love to see an actual trial mining operation running using ore sorting.

    Erik previously posted some very interesting photos on his Hedgeless Horseman website of some mobile continuous ore sorting equipment in operation for another industry. So I don’t think it would be too much of a stretch for NOVO to put a trial mining scenario into actual operation once they pick the sorting equipment they want to use.

    Listening to an interview of QH it sounded like they would like to use both Tomra & Steinert equipment as long as the quality of both vendors is the same.

    I may be wrong but in an interview between Cory and Quinton it sounded to me like QH wants to get all of his Aboriginal agreements signed off on before turning any trial mining dirt.

    Thanks Cory and Erik for the great conversation. I would love to hear some more of your thoughts on NOVO and the industry in general.